Attachments: james16 Chart Thread

james16 Chart Thread

#18,301
Jan 12, 2009 3:24am Jan 12, 2009 3:24am

simoncs
| Joined Oct 2008 | Status: Trader | 456 Posts

so the IB came off nicely. should have held this longer but got scared by other comments on the forum so set a limit just above 15000.

86pips to start the week, but definitely a lesson i am trying to overcome. PLAN THE TRADE and TRADE THE PLAN.

this is very difficult for a beginner though especially as a lot of you are very experienced, so i have a tendancy to lean towards other's views instead of having the power of my own conviction.

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#18,302
Jan 12, 2009 3:37am Jan 12, 2009 3:37am

Shermenator
Joined Jan 2008 | Status: Trader | 2,996 Posts

I have now locked in break even....dont let a winner turn into a loser....thats men law hahah

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#18,303
Jan 12, 2009 3:46am Jan 12, 2009 3:46am

simoncs
| Joined Oct 2008 | Status: Trader | 456 Posts

Quoting tehuringa

Disliked

Here you go....

http://www.whitesharktrust.org/assistant.html

I figure if I can swim with the sharks in the FX market....these guys will be a breeze

Ignored

DO it!!! amazing experience
did a cage dive with White Shark Dive co in Gansbaai a couple of years ago -we only saw 3m sharks that day - but that was impressive enough
posted a couple of pics for you in my journal

sorry last post on this

#18,304
Jan 12, 2009 3:48am Jan 12, 2009 3:48am

Shermenator
Joined Jan 2008 | Status: Trader | 2,996 Posts

Quoting Shermenator

Disliked

I have now locked in break even....dont let a winner turn into a loser....thats men law hahah

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Ignored

Closed withy 2 pips lol ....their will be more trades

#18,305
Jan 12, 2009 3:58am Jan 12, 2009 3:58am

ghous
Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts

Quoting simoncs

Disliked

so the IB came off nicely. should have held this longer but got scared by other comments on the forum so set a limit just above 15000.

86pips to start the week, but definitely a lesson i am trying to overcome. PLAN THE TRADE and TRADE THE PLAN.

this is very difficult for a beginner though especially as a lot of you are very experienced, so i have a tendancy to lean towards other's views instead of having the power of my own conviction.

Ignored

get this out as fast as you can Simon!

All that we say here is bull shit. Admit that no matter what Mr. perfect says and what the not so mr. perfect says, the markets don't give a damn I agree that the FF forums can be one of the best learning platforms that a trader can get, the other sad truth does'nt get hidden that if used in the wrong way it can kill traders.

I cannot even recall the number of times I changed my opinion in the past just because some "senior" member would comment on the inverse of what I am thinking. It happened the most when i would visit the different pair threads around the forum.

the bottom point is if i say Gu is going up and you have your own analysis that suggests a weaker Gu, to you I should be the most silliest of ppl that you have met and perhaps will ever meet. (Although you don't necessarily need to bring that out here

) Stand by of what you think, if it works out feel that chest puffing out like a balloon, otherwise look at "what you did wrong instead of what others did right"

A great way to escape from any sort of an infleunce of any views here at FF on your personal trading descions is to log on to your mt4 well in advance to the FF forums and make and take all of my decisions. All the rest is just "popcorn fun"

this is what i do and what really helps me...

Regards,
Ghous.

I believe . . .

#18,306
Jan 12, 2009 4:03am Jan 12, 2009 4:03am

simoncs
| Joined Oct 2008 | Status: Trader | 456 Posts

Quoting ghous

Disliked

get this out as fast as you can Simon!

All that we say here is bull shit. Admit that no matter what Mr. perfect says and what the not so mr. perfect says, the markets don't give a damn I agree that the FF forums can be one of the best learning platforms that a trader can get, the other sad truth does'nt get hidden that if used in the wrong way it can kill traders.

I cannot even recall the number of times I changed my opinion in the past just because some "senior" member would comment on the inverse of what I am thinking. It happened...

Ignored

thanks ghous - i remember you saying that before

#18,307
Jan 12, 2009 4:04am Jan 12, 2009 4:04am

ghous
Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts

Quoting johnbaem

Disliked

Ghous,

I made it.

My 1st TP is around the 80. 2nd gonna be around 75.

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Ignored

Nice John

keep it up for another 40 to 50 years

Regards,
Ghous.

I believe . . .

#18,308
Jan 12, 2009 4:11am Jan 12, 2009 4:11am

ghous
Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts

Quoting tehuringa

Disliked

Here you go....

http://www.whitesharktrust.org/assistant.html

I figure if I can swim with the sharks in the FX market....these guys will be a breeze

Ignored

Thanks for bringing that up Dave

It's always great to discuss on some non-trading stuff from time to time, if that really is you with the shark (in one of your previous posts) it is extremely cool

Is anybody here interested in snakes?? the big ones?? the reticulateds and burms and anacondas? If there is a passion I have besides trading it has to be snakes

I believe . . .

#18,309
Jan 12, 2009 4:12am Jan 12, 2009 4:12am

johnbaem
| Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts

Quoting ghous

Disliked

Nice John

keep it up for another 40 to 50 years

Regards,
Ghous.

Ignored

Heee.. Only now i work my ass on this. On that timeframe, im gonna rest on the blue moon!

#18,310
Jan 12, 2009 4:37am Jan 12, 2009 4:37am

bertie123
| Joined May 2007 | Status: Trader | 241 Posts

Hi guys,

Hope you all had a good xmas and new year. I am just starting to get back into trading and have decided to trade micro lots as my trading discipline on demo was a bit loose, a mixture of good and bad trades. Hoping that trading with real money, albeit very small stakes, willsharpen my mind and improve my discipline.

I have not really played any IB4 setups yeyt but was wondering if the example I have posted here is a good setup on Cable 4hr. Would appreciate any comments from you guys with experience.

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PA is where its at!!

#18,311
Jan 12, 2009 4:41am Jan 12, 2009 4:41am

bertie123
| Joined May 2007 | Status: Trader | 241 Posts

Sorry guys last chart not so clear, so here is a better one!

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PA is where its at!!

#18,312
Jan 12, 2009 5:14am Jan 12, 2009 5:14am

giraia_br
| Joined Jun 2007 | Status: Trader | 1,021 Posts

in post #9 james said that the 365 MA is simple. How many of you use the exponential too?

#18,313
Jan 12, 2009 5:19am Jan 12, 2009 5:19am

tehuringa
| Joined Apr 2008 | Status: Trader | 269 Posts

Quoting giraia_br

Disliked

in post #9 james said that the 365 MA is simple. How many of you use the exponential too?

Ignored

I use 150 and 365 EMA

#18,314
Jan 12, 2009 5:21am Jan 12, 2009 5:21am

bertie123
| Joined May 2007 | Status: Trader | 241 Posts

Regarding targets, if your weekly target is 100 pips and you achieve this on, say, a Monday, does this mean that you stop trading for the rest of the week or keep going? Just wondering what the strategy is when you hit your weekly target in the early part of the week?

PA is where its at!!

#18,315
Jan 12, 2009 5:22am Jan 12, 2009 5:22am

bertie123
| Joined May 2007 | Status: Trader | 241 Posts

I am sure that james always refers to 365ema in his charting posts

PA is where its at!!

#18,316
Jan 12, 2009 6:43am Jan 12, 2009 6:43am

alter
| Joined Jul 2008 | Status: Trader | 450 Posts

GBPJPY 1H PB from PPZ

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#18,317
Jan 12, 2009 6:48am Jan 12, 2009 6:48am

Naijafx
| Commercial User | Joined Nov 2007 | 1,296 Posts

Quote

Disliked

get this out as fast as you can Simon!

All that we say here is bull shit. Admit that no matter what Mr. perfect says and what the not so mr. perfect says, the markets don't give a damn I agree that the FF forums can be one of the best learning platforms that a trader can get, the other sad truth does'nt get hidden that if used in the wrong way it can kill traders.

I cannot even recall the number of times I changed my opinion in the past just because some "senior" member would comment on the inverse of what I am thinking. It happened...

Ghous, there is something i also fancy about you aside your good trading skills. do u know it 'Your sincerity'

I was in simonc's shoe last week regarding USDJPY pin bar. there was a strong conflict in me, should I trade the A+ pin trade base on wot the chart says or should I listen to wot the more experienced PA traders are saying concerning Correlation and fundies.

In my trading plan, I dont too much pay attention to fundies except Balance trade, Interest rate and Labour news. so I trade base on wot the chart says bcoz my 18months experience have proved that right 80% of the time

But coming here to harness trading skill learning PA with the hope of incorporating it into my trading bag will mean listening to the voice of the selected few who have been consistent here.

Honestly, it has been wonderful............ I listen to them and respect their opinion and at the same time, will never ignore my conviction, ability to balance this out will make one a very good trader.

I learn stuff here and trade it my own way so that when these guyz are not around, i can trust my decision on such trades. its pretty and do me good to know that am still in UJ with 276pips up the last time i check. my experience here have taught me more on 'when to hold em, when to fold em, when to walk away and when to run'

Thanks all

#18,318
Jan 12, 2009 6:52am Jan 12, 2009 6:52am

ghous
Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts

Quoting Naijafx

Disliked

Ghous, there is something i also fancy about you aside your good trading skills. do u know it 'Your sincerity'

I was in simonc's shoe last week regarding USDJPY pin bar. there was a strong conflict in me, should I trade the A+ pin trade base on wot the chart says or should I listen to wot the more experienced PA traders are saying concerning Correlation and fundies.

In my trading plan, I dont too much pay attention to fundies except Balance trade, Interest rate and Labour news. so I trade base on wot the chart says bcoz my 18months experience...

Ignored